YZi Labs launches Atlas Scout program for student venture investors

YZi Labs, formerly Binance Labs, has launched the Atlas Scout Program, an initiative allowing university students to participate in early-stage startup investments, according to an official post on X. The program aims to discover and support founders in Web3, artificial intelligence (AI), and biotech through a student-led venture investment framework. This framework will consist of five to 10 students selected from major universities worldwide. Participants will be directly involved in investment decisions and due diligence for early-stage startups, backed by up to $1 million in capital. The initial cohort of participating universities includes Stanford, Harvard, MIT, Columbia, NYU, Carnegie Mellon, and UC Berkeley.